Yahoo Finance23h ago

Starbucks CEO Brian Niccol: 'The turn has occurred' now it's in growth mode

AI Market Summary

Starbucks beat on adjusted EPS ($0.80 vs $0.71), with global comparable sales up 7.2% and US same-store sales accelerating to 7.7% on both ticket and transaction growth. Operating margin expanded 460bp to 14%, and initial FY2027 guidance of $3.15-$3.25 topped consensus. The results support the turnaround narrative and should lift sentiment on the single name, though index-level spillover is limited.

Impact level

● Medium

Affected assets

NCSKSBUX2USD/USDT+0.68%

AI Insight · NCSKSBUX2USD/USDTAI Insight

▲ Bullish

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The comeback at Starbucks has morphed into something more lasting.

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